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Armenia > Banking, finance, insurance workers

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Country: Armenia - Subject: Banking, finance, insurance workers

  1. Armenia - Banking, finance, insurance workers - Law, Act

    Law No.HO-202-N of 20 October 2016 "On Financial Equalization". - legislation on-line

    Adoption: 2016-10-20 | Date of entry into force: 2016-11-26 | ARM-2016-L-104558

    The Law introduces the concept of financial equalization, explains its principles; also regulates the procedure of providing communities with dotation by the principles of equalization of the budgets. The Law establishes, inter alia, the structure of dotation, the calculation procedure of its constituent parts, the coefficients of community fiscal and income capacities, of the regulation of community expenditure needs; also the calculation procedure of expenditure factors of community location height, age of inhabitants.
    Repeals the previous law No.HO-262 of 24 November 1998 "On Financial Equalization".

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